SecureOption Focus
Planning for your retirement? The SecureOption Focus product is a fixed deferred annuity that guarantees your money's growth and provides a lifetime of income. You lock in your interest rate, and there are no annual fees or stock market anxiety. Should an emergency occur, you could have access to your money immediately. Plus, there's the benefit of tax deferral, ensuring you accumulate your savings faster.
What's more, if you're anxious about your spouse's future, SecureOption Focus has got you covered with income options designed to secure both of you. Put simply, it takes the guesswork out of retirement planning. This annuity is a great long-term strategy to ensure you enjoy your sunset years without financial worry. Take a step today, focus on your future with SecureOption Focus!
SecureOption Focus
About Product
MYGA Interest Rates
| Term |
Rate
Annual percentage yield (APY)
earned over the investment term |
|---|---|
| 7 years | 3.45% |
Traditional Fixed Annuity Interest Rates
| Surrender Years | First Year Yield | Term Guaranteed Yield | Term Current Yield |
|---|---|---|---|
| 7 | 4.2% | 3.17% | 3.34% |
| 7 | 3.45% | 3.19% | 3.45% |
| 7 | 3.45% | 3.32% | 3.45% |
- Guaranteed protection of your purchase payments against loss.
- Access to your money in an emergency.
- Tax-deferred compounding to accumulate savings faster.
- Secure income that can be guaranteed to last a lifetime.
- The strength of a company known for keeping its promises.
Access your money
Flexible withdrawals in a fixed annuity can be hard to come by, but with SecureOption Focus, you can access a portion of your annuity’s value without contract penalty. The minimum withdrawal amount is $250.
Free withdrawal amount
Access up to 10% of your annuity’s contract value (as of the prior contract anniversary). In the first contract year, you may withdraw up to 10% of your purchase payments. Not available upon contract surrender.
Return of purchase payment guarantee
If the unexpected happens and you need to surrender your contract, SecureOption Focus allows you to do so and receive your purchase payments back. With the return of purchase payment guarantee, if you surrender your contract and have taken no prior withdrawals, you are guaranteed to get back at least your total purchase payments.
It’s important to note the impact withdrawals have on the return of purchase payment guarantee. If you’ve taken withdrawals (and a deferred sales charge did not apply), you will receive your total purchase payments less withdrawals at the time of contract surrender. If you have taken withdrawals and a deferred sales charge did apply, you’re guaranteed to receive back your total purchase payments less withdrawals and applicable charges.
Death Benefit
Contract value
Riders
No Riders for SecureOption Focus annuity.
Waivers
Death
It’s also good to know that amounts payable as a death benefit go to your beneficiaries free from deferred sales charge.
Terminal Illness
Unavailable in states: CA
After the first contract anniversary, you can withdraw additional amounts if you are diagnosed with a terminal illness or condition with a life expectancy of 12 months or less.
Annuitization
Available after the first policy year.
Confinement
Unavailable in states: CA
After the first contract anniversary, you can withdraw additional amounts if you are confined to a healthcare facility with a minimum 90-day confinement (60 days in New York). The request must be made while confined or within 90 days following discharge.
- A.M. Best A+
- Fitch AA
- S&P AA-
- Moody's Aa3
- Comdex 96
